+1
Completed

Level System Suggestions

braidenshaw 5 years ago updated by Genesis Vision Support 5 years ago 2

Trying to create a "level system" is near impossible using simple metrics or competitions. Every level system we have thought of fixes some problems but then creates just as may problems.  It would take a computer learning machine and TONS of data to even have a chance at creating a fair leveling system that everyone would be happy with. I think the best alternative is as follows. 

Instead of creating a 7 level system that has parameters. Just have a couple of steps of probationary time that every manager has to step through. 

Step one - You can only trade your own funds for 2 months. This will give 2 months of a track record and they will begin to prove themselves. After step one every manager goes to step two

Step Two - Allow up to 10K USD to be invested into the managers and they trade for another 2 months. After step two every manger then goes to step three

Step Three- You open the flood gates and allow anyone to invest in the managers. Investors will then have 4 months of data to make the decisions for themselves. They will have number of trades, drawdown, all the ratios, trade history, everything and they can make an informed decision for themselves.

I don't think genesis vision should try and tell us who good and bad managers are. Just give us a platform that is transparent and has all the data readily available and allow us to make the informed decision for ourselves. This will stop managers from taking extreme risk trying to be the "top ten percent" and will reward all different types of risk. It will stop managers from opening 10 different programs just to try and get more money managed. It will also allow for quicker groth in the platform. 


I think this is the best solution to the problem at hand. Hope that this hlps and know we are all grateful for all you guys do

GVT

Answer

Dear Client,

We would like to inform you that the new level system was implemented during our recent platform update. Thank you very much for your feedback regarding this matter as it really helped us to curate the new level formula. Detailed information about the new level system can be found in our blog - https://blog.genesis.vision/genesis-vision-update-a-level-up-d01ef51c42a


Best regards,

Genesis Vision Team

+1
Under review

Referal program

XRPtrader 5 years ago updated by Genesis Vision Support 5 years ago 1

similar to binance where users get lifetime commission for refered users and their revenue e.g. 40-50% on fees.

this will ultimately boost the signups!

+1
Under review

Filtering and displaying

Anonymous 5 years ago updated by Genesis Vision Support 5 years ago 1

Once Exante is integrated, will you guys track the asset classes that the manager trades? 

if so, it would be great to include that in the program dash board => 80% stocks | 11% foreX | 5% crypto | 4% gold

That would also allow you to offer filters based on the type of program and make it easier for investors to pick accordingly. 

+1
Under review

Adding funds with XRP and creditcard

Matthias 5 years ago updated by Genesis Vision Support 5 years ago 1
+1
Under review

Allow managers to make announcements within programs

Alex 5 years ago updated 5 years ago 2

Managers should be able to communicate with their investors in the from of announcements. This would for example be useful for cases when the manager for example can not trade due to holidays. The communication should be only from manager to investors. Investors should not be allowed to comment as that would create too much noise.

+1
Under review

Show number of programs and add filter to view 100 on one page

hellothere 5 years ago updated by Genesis Vision Support 5 years ago 1

Image 312

By default we can view 12 programs on one page. Please add the option so that we can view 50 or 100 programs on the same page.

Also we don't know how many programs are available. Please add a banner saying "Showing programs 1-12" or "Showing programs 12-24"  etc depending on the page you are on.

Thank you

+1
Completed

Leveling system

braidenshaw 5 years ago updated by Genesis Vision Support 5 years ago 5

The leveling system has turned into the weak point of genesis vision. I’ve had a ton of family and friends who get excited about this platform but then can never get into a manager. Right now it takes on average 6 months to get into one. Three months til their current program ends and have more availability then another three months til you get accepted. Something needs to be done. Here are some thoughts on the matter With everything I’m about to say, I understand they did their best. And honestly I don’t have a perfect solution. But I think the old leveling system they proposed of a certain % gain consistently, with sharpe ratio takes into account is better than this.


They made the whole platform and leveling system a competition. It shouldn’t be a competition. Every trader should be able to trade their style. If they wanna be safe and have minimal draw down then let them. Right now if someone wants to trade that way they can’t level up and it hurts them to be safe because they will never return the top ten % even tho they are very consistent and good.


Also managers are limited by number of managers too. For example @bitkolik is waiting for 10 managers so he can compete with them to level up. And if one of the ten stops their program or stops, he continues to have to wait for more to compete with when clearly he is good.


And one other major problem, if the top 10% get to level up. Eventually only crappy managers will be competing with crappy managers in the Lowe levels and they will get to level up. Over the course of a couple years everyone’s theretically could be level 5-7. If the bench mark is everyone else in your level there is no guarantee that good managers level up. Only that the top 10% level up. Big difference.

Answer

Dear Client,

We would like to inform you that the new level system was introduced during our recent platform update. Thank you for your ideas and feedback as it really helped our team to curate the new level formula. All of the information about the new level system in detail can be found in our blog - https://blog.genesis.vision/genesis-vision-update-a-level-up-d01ef51c42a


Best regards,

Genesis Vision Team.

+1
Fixed

Display Bug Create Fund

Anonymous 5 years ago updated by Genesis Vision Support 5 years ago 2

See image below. The display links seem to be broken when creating a fund. 

Image 302

Answer

Dear Anonymous,

Thank you for the valuable feedback. We have reported the same to our Development team.

We appreciate it!

GV Team

+1
Under review

Trade history returns by Period

Anonymous 5 years ago updated by Genesis Vision Support 5 years ago 1

As it currently stands, we can view the return history usually offered in traditional charts => 1D 1W 1M, etc...

However, these views are somewhat misguiding because an influx of new investments will translate into a sharp increase in BTC (shown in the chart) value that is completely unrelated to the performance of the trader. 

As an additional view, I would suggest adding charts by trading periods. That should give the investor a better understanding of the returns and an easy way for the team to chart returns:
- Last trading period return => 2.7%      <- previous    next ->

- Last 5 trading periods => 1.3%      <- previous 5      next 5 ->

etc...

Answer

Dear Anonymous,

Thank you for the valuable feedback! We will report this issue to our developers to consider indeed adding a filter to the chart by the trading period.

Nevertheless, if you look at the current interface, it does show in detail the data including the trading period.

We appreciate your feedback!

GV Team

+1
Completed

Provide information as what the indicators mean

Anonymous 5 years ago updated by Genesis Vision Support 5 years ago 2

Sharpe ratio, Sortino ratio, max drawdown... all these are valuable indicators. It would be great to get a short definition of what they mean / represent when mouthing over them or clicking on them. Investors would be better off knowing what they mean. 

Answer

Dear Client,

We would like to inform you that this feature is added to our platform, thank you very much for your cooperation!

Kind regards,
Genesis Vision Team